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5301 River Ave, Newport Beach, CA, 92663

$4,295,000

4 Bedrooms
3 Full Baths, 1 Partial
2,758 SqFt
$1,557/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Direct Access, Door-Single, Garage
Attached Garage2 spaces
Year Built1959
CoolingCentral Air
FireplaceBonus Room, Gas, Living Room, Primary Bedroom
ViewCity Lights, Neighborhood, Ocean, Water
MLS #NP24049206
Lot Size0.05 Acres
StatusActive

About 5301 River Ave

Welcome to Echo Beach, renowned for its significance in the rise of Southern California surfing culture and home to an endless Summer lifestyle of surf, sun and community. Situated on an oversized corner lot within the quiet coastal enclave of West Newport Beach, this beautiful property delivers approximately 2,758 square feet of refined living. A classic Dutch door entry brings the outdoors into stunning open living spaces with high ceilings and custom-fitted finishes throughout. Wide plank white oak floors, wood beamed cathedral ceilings, and wood-framed double-hung windows, produce a tasteful aesthetic, equal in form and function. Expertly designed to satisfy contemporary tastes, the fully equipped gourmet chef's kitchen features waterfall-edge quartz countertops, built-in Sub-Zero glass-door refrigerator, GE Monogram 6-burner range with grill and double ovens, dishwasher, and a sleek under-counter built-in wine cooler. Rounding out the main level is a light and bright full bath ideal for guests or sandy beachgoers alike and a stone patio accented by lighting and landscaping. The middle level houses all four gracious bedrooms, including the primary suite with a deluxe spa bath boasting a drop-in infinity air bathtub, dual sinks, and stunning marble finishes. Crowning the estate atop a sweeping wrought-iron wood staircase is the versatile bonus room that opens to a spacious split-level deck perfect for alfresco entertaining with a backdrop of sparkling ocean and city light vistas. Adding to the allure of the abode are three gas fireplaces, built-in audio available with Sonos, Eero Wi-Fi system, quiet and energy efficient Fujitsu mini split units, slate roof, two-car garage with epoxy flooring, and an optional third parking space. 5301 River Avenue is perfectly appointed for the most discriminating tastes and just moments to scenic beaches, sprawling parks, and world-class shopping and dining.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Other
  • Year Built: 1959
  • Stories: 3
  • Living Area: 2,758 SqFt

Listing Office:

  • Office Name: Arbor Real Estate
  • Office Phone: (949) 698-2715
  • Listing Agent: Matt Genova

Interior Features

Interior Information:

  • Appliances: Stove, Range, Double Oven, Dishwasher, Freezer, Gas Cooktop, Refrigerator, Range Hood, Water Softener, Tankless Water Heater
  • Flooring Type: Stone, Tile, Wood
  • Interior: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), High Ceilings, Multiple Staircases, Open Floorplan, Pantry, Paneling/Wainscoting, Recessed Lighting, Storage, Wired for Sound, All Bedrooms Up
  • Fireplace: Bonus Room, Gas, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Neighborhood, Ocean, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Carport, Direct Access, Door-Single, Garage

Virtual/3D Tour

  • Virtual Tour: 5301 River Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Newport Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: River to 53rd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,295,000
  • Price Per SqFt: $1,557/SqFt

Tax Information:

  • Annual Amount: $25,615
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

5301 River Ave vs Newport Beach

47 DAYS ON ROCKET

+4 Days

$4,295,000

+$1.0M More

$1,557/SqFt

+$213 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $213/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24049206

Listing Office:

  • Office Name: Arbor Real Estate
  • Office Phone: (949) 698-2715
  • Listing Agent: Matt Genova

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:55:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 02, 2021Home Sold
$3,760,000
Mar 04, 2021Home Sold
$3,250,000
Nov 25, 2020Home Sold
$2,077,000
Aug 28, 2003Home Sold
$845,000

Tax History

YEARPROP. TAXASSESSMENT
2021$25,615$2,400,000
2020$17,817$1,665,117
2019$17,450$1,632,468
2018$17,451$1,600,459
2017$17,218$1,569,078

History based on county public records data.

Payment Calculator

$21.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4008082
9
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.89 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4008083
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.58 miles

  • Public District Grades 7-8

High School

school-card-donut-4008084
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,918. Most Newport Beach, CA residents have annual incomes between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5301 River Ave

What is the listing price of this property?

The listing price of 5301 River Ave property is $4,295,000.

What type of property is this?

The property 5301 River Ave is a house located in Newport Beach, California, 92663.

Is this property for sale now?

Active Listing: 5301 River Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5301 River Ave are:
Newport Elementary School: GreatSchools Rating 9/10
Horace Ensign Intermediate School: GreatSchools Rating 7/10
Newport Harbor High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $25,615 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 2, 2021 for $3,760,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5301 River Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5301 River Ave is 2,758 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5301 River Ave is 1959.
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Rocket HomesCaliforniaOrange CountyNewport Beach926635301 River Ave

This home is located at 5301 River Ave in Newport Beach, CA and zip code 92663 in the West Newport Beach neighborhood. This 2,758 square foot home, which was built in 1959, sits on a 0.05 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $4,295,000.

In March 2024 more than 23 listings in Newport Beach, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 50 were sold below. The inventory of homes for sale in Newport Beach, CA between February 2024 and March 2024 increased by 8.8%. In March 2024 median list price was $3,228,690 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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